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Search: Posts Made By: trendisyourfriend
Forum: Traders Hideout March 11th, 2015, 01:16 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Your lights are on, but you're not home Your...

Your lights are on, but you're not home
Your mind is not your own
Your heart sweats, your body shakes
Another random line is what it takes

You can't sleep, you can't eat
There's no doubt,...
Forum: Traders Hideout February 13th, 2012, 01:09 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Do you see the dancer turning clockwise or...

Do you see the dancer turning clockwise or anti-clockwise? clickme (http://www.heraldsun.com.au/news/right-brain-v-left-brain/story-e6frf7jo-1111114603615)

I see her turning clockwise. Only once...
Forum: Traders Hideout August 5th, 2011, 04:40 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
The ES on this memorable today. I created some...

The ES on this memorable today. I created some lines at around 11:00EST. This is as good as bug$bunny's levels :becky:
Forum: Traders Hideout June 24th, 2011, 04:26 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
You should take these lines seriously. Some...

You should take these lines seriously. Some people sell them at a high price $550 for the US equity index (4) per month, no joke. To be sure, check this site: JS Product Overview...
Forum: Traders Hideout April 20th, 2011, 08:16 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Speaking of Fibonnacci, i read a very thought...

Speaking of Fibonnacci, i read a very thought provoking article about them in relation with the content of this thread. I think some of you might like to read it by Lance Beggs. The author sees no...
Forum: Traders Hideout April 8th, 2011, 06:06 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
sounds like a discussion between Batman and the...

sounds like a discussion between Batman and the Joker. Or the ending found in one of Tigertrader's daily commentary:


The burning question now is, " Is that going to happen tomorrow, April...
Forum: Traders Hideout March 26th, 2011, 06:48 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
That's a bold statement. :ahhhhh:

That's a bold statement. :ahhhhh:
Forum: Traders Hideout March 26th, 2011, 06:25 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
I don't personnaly think Mike has proved that but...

I don't personnaly think Mike has proved that but i'd be interested to know how can 'we' expect to beat the odds if 'we' trade the very short term since noise seems to be associated with short time...
Forum: Traders Hideout March 18th, 2011, 09:03 AM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
It's around 9:00 EST and i was surprised to see...

It's around 9:00 EST and i was surprised to see how easy it was to predict some targets today using the simple Fibonacci tool:

http://i51.tinypic.com/3322o84.jpg
Forum: Traders Hideout March 17th, 2011, 04:49 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
It's always interesting to hear about other...

It's always interesting to hear about other people perspective. If your analysis is based on supply/demand then there is no reason why it should not work but maybe i am missing something.
Forum: Traders Hideout March 12th, 2011, 05:56 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
My opinion is that this thread was interesting in...

My opinion is that this thread was interesting in that it showed that many systems or trading cosmologies are based on thin air or subjective analysis. But to win at this game you need more than thin...
Forum: Traders Hideout January 15th, 2011, 03:24 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Here is a chart of the ES last week. The first...

Here is a chart of the ES last week. The first chart is normal, the second chart has been inverted or flip-flopped. Price action is still the same and unfolds from left to right. Do you find it...
Forum: Traders Hideout January 13th, 2011, 03:20 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Yeah! the indicator is good but i'd like to add a...

Yeah! the indicator is good but i'd like to add a feature, that is, when price approaches one of the lines, i'd like to know beforehand if price will bounce or cross the line so that i can place my...
Forum: Traders Hideout January 13th, 2011, 02:59 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Fat that does not count. You did not use a True...

Fat that does not count. You did not use a True Random Number generator. That's why your example did not work as expected :pcguru:

Here is mine on TF:
http://i51.tinypic.com/2mg5u95.jpg
Forum: Traders Hideout January 6th, 2011, 07:55 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Fat Tails, your explanation is plausible and i...

Fat Tails, your explanation is plausible and i would concede it makes sense. However, even though your presentation is rational these lines have no predictive value. There is no way to know before...
Forum: Traders Hideout January 6th, 2011, 06:48 AM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
No it is not but you must realise that you become...

No it is not but you must realise that you become aware of this after the fact. You could draw a line when price gets there and have the same effect or information. Unless you can act before the fact...
Forum: Traders Hideout January 6th, 2011, 06:43 AM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
I prefer that definition. As such they do not...

I prefer that definition. As such they do not provide an edge but act as a sign post. In other words, you need price to hit them before acting just like any moving average act as a sign post.
...
Forum: Traders Hideout January 5th, 2011, 08:14 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
3 points away above the opening print at 9:30 is...

3 points away above the opening print at 9:30 is as much a gathering point as R1 is or 3 points away below the opening print at 9:30 is as much a gathering point as S1. I have not found any serious...
Forum: Traders Hideout January 5th, 2011, 04:55 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
I would be very surprised to learn that...

I would be very surprised to learn that institutions use pivot levels. They don't need these widgets as they make the markets. They provide volume and if they want to bring price at a certain level...
Forum: Traders Hideout January 5th, 2011, 06:41 AM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Yes it is difficult so much indeed that people...

Yes it is difficult so much indeed that people feel the need to look at the reaction of price around these so called key levels. If a level is important it should act as an inflexion point more so...
Forum: Traders Hideout January 4th, 2011, 09:01 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
I think the idea of this thread is interesting as...

I think the idea of this thread is interesting as it showed that a line whether random or not can play a similar role in our psyche as one that is put there on purpose or based on a mathematical...
Forum: Traders Hideout January 4th, 2011, 04:46 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
I am sure, at the end, Big Mike will realise that...

I am sure, at the end, Big Mike will realise that what counts is volume to gauge the usefulness of a level. All else is pure conjecture, guesstimate or even better a shot in the dark.
Forum: Traders Hideout January 4th, 2011, 01:53 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Pivotfarm (http://www.technicalanalysis.me/) uses...

Pivotfarm (http://www.technicalanalysis.me/) uses zones of 1 point large to identify their key levels maybe you might like to define random zones instead of random lines to make your point even more...
Forum: Traders Hideout January 4th, 2011, 11:27 AM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Today is a good example why knowing where are...

Today is a good example why knowing where are important levels or even mathematical levels like daily pivots or natural levels like yesterday high, RTH High/Low etc. play a minor role in winning the...
Forum: Traders Hideout January 3rd, 2011, 03:34 PM
Replies: 368
Views: 233,001
Posted By trendisyourfriend
Easy to tell in hindsight. The trade was a valid...

Easy to tell in hindsight. The trade was a valid setup where price is breaking a trendline, followed by a small pullback and a reversal bar in the direction of the breakout. I don't see anything...
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